401(k) · DOL Form 5500 · 2023

Ppl Services Corporation 401(k) Plan

Data updated 2026-08-11

$172M
Total assets
N/A
Participants
94th
Percentile by assets
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Official DOL plan name: Ppl Retirement Readiness Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$172M in assets, N/A participants

Ppl Services Corporation's Ppl Retirement Readiness Plan reported $172M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 127,072 plans)
  • #494 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Ppl Retirement Readiness Plan ranks #494 of 721 2023 filers by assets (313% of the sector average)-$172M for N/A participants.

$172M
total plan assets (2023 EOY)
N/A
covered participants
94th
percentile by assets (of 127,072 plans)
+46.1%
assets growth YoY

Where Ppl Retirement Readiness Plan sits by total assets

Ppl Retirement Readiness Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$171,566,888 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ppl Retirement Readiness Plan reported participants fell from 1,091 in the plan year 2022 filing to N/A in the plan year 2023 filing.
  • Ppl Retirement Readiness Plan reported net income fell from $117M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Ppl Retirement Readiness Plan end-of-year assets rose from $117M in the plan year 2022 filing to $172M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Rank #494 in Utilities

Among 721 Utilities plans that filed a Form 5500 for plan year 2023, Ppl Retirement Readiness Plan ranks #494 by end-of-year assets - about 313% of the sector average of $537M. Nationally it sits in the 94th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$117M
Net Assets (End of Year)$172M
Net Income$54M
Employer EIN233041441
Plan Effective Date2022-05-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Total plan assets by year, all Ppl Services Corporation plans on file
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ppl Retirement Readiness Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Ppl Retirement Readiness Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Ppl Retirement Readi…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Ppl Retirement Readiness Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ppl Retirement Readiness Plan by total assets, not by location.

Frequently Asked Questions

How did Ppl Retirement Readiness Plan assets move in 2023?
Ppl Retirement Readiness Plan surged - up 46.1% during 2023, from $117M to $172M. Reported net income was $54M.
How have Ppl Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Ppl Services Corporation's sponsor-wide assets grew 9.7%, from $3.2B to $3.5B.
Where does Ppl Retirement Readiness Plan rank by assets among Form 5500 filers?
Ppl Retirement Readiness Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ppl Retirement Readiness Plan?
Among 401(k) plans in other states, the closest by assets is Churchill Downs Incorporated 401(k) Retirement Plan in KY ($172M, 5,332 participants).

Next read for Ppl Retirement Readiness Plan

Filing takeaways

Ways to act on Ppl Retirement Readiness Plan's numbers.

  • By total assets, Ppl Retirement Readiness Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans